History[ edit ] Founding and early history[ edit ] Liu Chuanzhi founded Lenovo on 1 November with a group of ten engineers in Beijing withyuan.
Our portfolio Lenovo annual report 12 13 high-quality, secure products and services covers PCs including the legendary Think and multimode YOGA brandsworkstations, servers, storage, smart TVs and a family of mobile products like smartphones including the Motorola brandtablets and apps.
Now, we are ready to take the next steps. Lenovo will never stand still. Throughout our history, Lenovo has succeeded by combining a clear focus on meeting our short-term commitments with a clear understanding of the changes and investments needed to ensure our long-term success.
No fiscal year better illustrates Lenovo s ability to combine these two qualities than the one we just completed. Once again, Lenovo delivered record performance across all product lines. At the same time, we took bold action for the future, completing two major acquisitions that further strengthen our company by building new pillars for growth.
We are now a stronger and more diversified company that is well positioned to be a global technology leader for years to come. Record shipments and revenue: Lenovo now sells almost 5 devices every second of every day while continuing to improve profitability. Completed two historic acquisitions: Lenovo successfully closed deals to acquire both the x86 server business from IBM and Motorola from Google.
These deals immediately made Lenovo 3 worldwide in both x86 servers and in smartphones.
We also set new records in smartphones and tablets: In smartphones, we shipped a record 76 million units and strengthened our position as the world s 3 smartphone company. The addition of Motorola helped us expand to more than 60 markets worldwide, making us a truly global smartphone company.
We again had record volume in our tablet business, selling almost 12 million units and outperforming the market by 24 points over the year, becoming 3 in the world.
Our strong performance was driven by strong growth in EMEA and our innovative new Yoga Tablets in the premium segments. We greatly strengthened our Enterprise business through a combination of strong organic growth with the x86 acquisition.
We continued to strengthen our Ecosystem business, with approximately million users and 70 million active monthly users.
We again demonstrated our innovation leadership, with great new products driving our growth across all product lines. This year we won a record 77 awards at the Consumer Electronics Show, the world s largest and most prestigious technology event, and 20 awards at the Mobile World Congress, the top mobile technology event.
Our record performance is the result of our proven formula for success: A clear strategy that balances delivering strong short-term results with reaching long-term objectives: We protect our core PC business, increasing profitability even as we continue to see strong opportunities for growth, particularly from the continuing consolidation in the industry.
In Enterprise, we protect profit as we push for rapid growth. Our clear strategy continues to drive strong execution worldwide. Vibe X2 Pro Our commitment to and investment in innovation that differentiates our products: Lenovo s investments in innovations continue to drive growth through differentiation across our entire product portfolio.
Lenovo continues to be the clear leader in the PC space, where we defined new multimode PC space with products like Yoga, and we also brought great innovation to markets in smartphones, tablets and servers.
With our investments in key component technology, materials development, and software, you can expect a new generation of innovative products that are both more exciting and more useful for our customers. Lenovo never stops improving its unique, efficient business model.
This starts in PCs with our dual-business model:Dec 21, · Lenovo’s products are not far much differentiated from other competitors’ products (Lenovo annual report , 05).
This presents a competitive difficulty to the company, and especially when other companies also lower their products’ prices. Lenovo Group Ltd. or Lenovo PC International, often shortened to Lenovo (/ l ɛ ˈ n oʊ v oʊ / leh-NOH-voh), is a Chinese multinational technology company with headquarters in Beijing, China and Morrisville, North Carolina, United States.
Mobile Display. Immerse yourself in a more vivid, wider and more invigorating screen. The investor relations website contains information about Lenovo's business, financial performance,results and presentations,stock information, annual reports, announcements, press releases, shareholding structure, dividends history, analyst coverage,coporate governance,board of directors, corporate social responsibility.
Watch video · Lenovo saw full-year net income rise by $ million on-year to $ million on a percent annual decline in revenue. In its outlook, the company . ANNUAL EPORT –13 iv About this report Annual Report Requirements can be found in this report.
There were no significant changes to the structure of the Department from the –12 reporting period.
As at 30 June the Department had three groups: Domestic Policy, National Security and International Policy.